This table gives further details of the multiple regression estimated in Exercise 32. Assume that the MRM
Question:
(a) Fill in the column of t-statistics.
(b) Estimate the column of p-values using the Empirical Rule. Only rough estimates are needed.
(c) Does the addition of Office to a simple regression using only Rooms as an explanatory variable produce a statistically significant increase in R2?
(d) Does the addition of Rooms to a simple regression using only Office as an explanatory variable produce a statistically significant increase in R2?
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Related Book For
Statistics For Business Decision Making And Analysis
ISBN: 9780321890269
2nd Edition
Authors: Robert Stine, Dean Foster
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